Topic
Insurance
Three-quarters of U.S. employees don’t think their employers are prepared for a natural catastrophe: FM Global survey
June 13, 2012 by Canadian UnderwriterThree-quarters of U.S. employees feel their employers are not well prepared for a natural disaster, an FM Global survey has found. Conducted in May 2012, the national study commissioned by FM Global included 1,364 respondents. Eight hundred and forty-seven employees…
Disaster Kleenup Canada comes full circle with new executive appointments
June 13, 2012 by Canadian UnderwriterDisaster Kleenup Canada (DKC) has appointed Ken Tucker as its CEO and Ken Zardo as vice president of sales and marketing. The company says the new leadership represents the company coming around “full circle.” “There is not a more appropriate…
Insurance Council of B.C. suspends agents
June 13, 2012 by Canadian UnderwriterThe Insurance Council of B.C. recently released disciplinary findings against a broker who used insurance premiums from clients to pay business and personal expenses and another agent who accessed confidential files at the Insurance Corporation of British Columbia (ICBC) to…
Crawford & Company (Canada) Inc. Announces Officer Promotions
June 12, 2012 Crawford & Company (Canada) Inc.KITCHENER (June 11, 2012) – Crawford & Company (Canada) Inc. recently promoted three current officers, the Company announced today. “These individuals bring many years of valuable experience and knowledge to their new positions, as well as a passion and drive…
Elite Force Best Practices Producer Academy to be offered for 4th consecutive year by the Insurance Brokers Association of Canada (IBAC)
June 12, 2012 Canadian Underwriter magazineToronto, June 2012 – The Insurance Brokers Association of Canada (IBAC) and its member associations are pleased to announce that the premiere sales training program for producers – Elite Force – Best Practices Producer Academy will be offered again in…
IBC accuses critics of proposed CAT definition of “fear-mongering”
June 12, 2012 by Canadian UnderwriterInsurance Bureau of Canada (IBC) laid down the gauntlet against critics of the province’s recommended catastrophic (CAT) impairment definition, accusing them on June 12 of “fear-mongering.” IBC responded quickly to a media campaign mounted by trial lawyers and medical and…
Trial lawyers and rehab groups speak out against recommended catastrophic impairment definition
June 12, 2012 by Canadian UnderwriterThe Ontario Trial Lawyers Association (OTLA) and Alliance of Community Medical and Rehabilitation Providers are launching a media campaign against proposed changes to the definition of a catastrophic impairment for victims injured in car accidents. Currently, accident victims who are…
New CAT definition should not combine psychiatric or mental/behavioural impairments with physical impairments: FSCO
June 12, 2012 by Canadian UnderwriterOntario’s regulator is recommending to the finance minister that physical impairments should not be combined with psychiatric or mental/behavioural impairments for the purpose of determining a catastrophic injury. Ontario’s regulatory superintendent has thus adopted the recommendations of an expert medical…
Applied Systems announces Epic 7 – the first time the Epic system will enter the Canadian market
June 12, 2012 Canadian Underwriter magazineUniversity Park, Ill. – June 12, 2012 – Insurance software company Applied Systems announced it will release Epic® 7, the upcoming version of the insurance industry’s fastest-growing agency and brokerage management system, in the first quarter of 2013. The release…
Canadian travelers concerned about safety, but many don’t purchase travel insurance: Desjardins survey
June 12, 2012 by Canadian UnderwriterAbout 66% of Canadians surveyed by Desjardins Financial Security expect to travel within Canada in 2012 and yet almost one-quarter of these travelers aren’t planning on purchasing travel insurance. The 2012 Desjardins Financial Security national health survey surveyed 1,529 Canadians…
Applied Systems announces Epic 7 broker management system will come to Canada in 2013 Q1
June 12, 2012 by Canadian UnderwriterInsurance software company Applied Systems has announced it will release Epic 7, the upcoming version of the insurance industry’s agency and brokerage management system, in 2013 Q1. “The release of Epic 7 marks the first time the Epic system will…
Climate change to warm Canada with increased temperatures of up to 2C by 2020 and 4C by 2050
June 12, 2012 Canadian Underwriter magazineTORONTO, June 11, 2012 – Intact Financial Corporation and the University of Waterloo, along with more than 80 experts from across the country, released the Climate Change Adaptation Project report, which provides a roadmap for adaptation in Canada. It projects…